AMERICAN MUSIC THERAPY ASSOCIATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

LESLIE HENRY

Phone

3015893300

Tax Period

2023-01-01 to 2023-12-31

AMERICAN MUSIC THERAPY ASSOCIATION, founded in 1955, is a small nonprofit in the Health Care sector that reported $841K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $722K left a modest 14% surplus.

Mission

TO ADVANCE PUBLIC AWARENESS OF THE BENEFITS OF MUSIC THERAPY AND INCREASE ACCESS TO QUALITY MUSIC THERAPY SERVICES IN A RAPIDLY CHANGING WORLD.

Program Service Accomplishments

Program 1

Expenses: $128,248 Revenue: $380,568

ADVOCACY & GOVERNMENT RELATIONS: ADVOCACY FULFILLS THE MISSION OF AMTA BY "INCREASING ACCESS TO QUALITY MUSIC THERAPY SERVICES." AMTA EDUCATES THE PUBLIC ABOUT THE THERAPEUTIC VALUE OF MUSIC AND THE WAYS IN WHICH MUSIC THERAPY INTERVENTIONS AMELIORATE SYMPTOMS AND HELP TO MANAGE ILLNESS AND DISABILITIES. SELECT INFORMATION AND PROGRAMS ARE PROVIDED FREE OF CHARGE TO THE PUBLIC, CONSUMERS, PARENTS, HEALTHCARE AND EDUCATION OFFICIALS AND OTHERS.

Program 2

Expenses: $81,293 Revenue: $201,516

THE AMERICAN MUSIC THERAPY ASSOCIATION SELLS A VARIETY OF BOOKS ON MUSIC THERAPY FROM THEIR COLLECTION TO THE PUBLIC, STUDENTS, AND UNIVERSITIES.

Program 3

Expenses: $35,408 Revenue: $107,200

COUNCIL ON EDUCATION & TRAINING: COMPETENCY-BASED STANDARDS, TRAINING AND PROGRAM DEVELOPMENT TO ENSURE THE QUALITY OF EDUCATION AND CLINICAL TRAINING IN THE FIELD OF MUSIC THERAPY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $72,752

Program Service Revenue $747,064

Investment Income $15,444

Other Revenue $5,265

TOTAL REVENUE $840,525

Expense Breakdown

Grants Paid $18,284

Salaries & Benefits $230,996

Fundraising Expenses $778

Program Expenses $287,427

Other Expenses $472,960

TOTAL EXPENSES $722,240

Year-over-Year Comparison

	2023	2022	Change
Revenue	$840,525	$1,041,838	-0.2%
Expenses	$722,240	$1,469,118	-0.5%
Net Income	$118,285	$-427,280	-1.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

325

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI GOODING	PRESIDENT	25.00	Officer Director	$0	$0	$0
ANDREA DALTON	VICE PRESIDENT	8.00	Officer Director	$0	$0	$0
ANGELA SNELL	PRESIDENT ELECT	12.00	Officer Director	$0	$0	$0
JENNIFER SOKIRA	VICE PRESIDENT ELECT	8.00	Officer Director	$0	$0	$0
JENNIFER GEIGER	IMMEDIATE PAST PRESIDENT	7.00	Officer Director	$0	$0	$0
BRIAN JANTZ	SPEAKER OF THE ASSEMBLY	5.00	Director	$0	$0	$0
SPENCER HARDY	ASSEMBLY OF DELEGATES REPRESENTATIVE	3.00	Director	$0	$0	$0
MIA ILIOPOULOS	ASSEMBLY OF DELEGATES REPRESENTATIVE	3.00	Director	$0	$0	$0
KEVIN BOCK	ASSEMBLY OF DELEGATES REPRESENTATIVE	3.00	Director	$0	$0	$0
LESLIE OROZCO HENRY	TREASURER	15.00	Officer	$0	$0	$0
LAUREN DANIELS	HISTORIAN/SERETARY	5.00	Officer	$0	$0	$0
LESLIE OROZCO HENRY	COUNCIL COORDINATOR FOR THE COUNCIL ON PROFESSIONA	3.00	Officer	$0	$0	$0
ALEJANDRA J FERRER	COUNCIL COORDINATOR FOR THE COUNCIL ON EDUCATION &	3.00	Officer	$0	$0	$0
CHELSEA MABES	COUNCIL COORDINATOR FOR THE COUNCIL ON ASSOCIATION	3.00	Officer	$0	$0	$0
BRIAN JANTZ	REGIONAL PRESIDENTS' REPRESENTATIVE	3.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$840,525	$722,240	$527,730	$118,285
2022	$1,041,838	$1,469,118	$543,291	$-427,280
2021	$1,892,135	$1,889,593	$865,935	$2,542
2020	$1,089,662	$936,967	$1,097,567	$152,695
2020	$1,773,113	$1,967,528	$1,085,028	$-194,415
2019	$1,823,564	$2,070,560	$995,066	$-246,996
2018	$1,818,041	$1,891,877	$1,375,333	$-73,836